Stock Report

Shriram Asset Management Company Ltd Q1FY24 loss at Rs. 85.99 lakhs

Posted On : 2023-08-03 19:17:58( TIMEZONE : IST )

SHRIRAM ASSET MANAGEMENT CO.LTD. has reported Standalone financial results for the period ended June 30, 2023.

Financial Results (Q1 FY2024) - QoQ Comparison

The company has reported total income of Rs. 2.0960 crores during the period ended June 30, 2023 as compared to Rs. 1.4927 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. -0.8599 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. -0.9454 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. -1.33 for the period ended June 30, 2023 as compared to Rs. -1.57 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 2.0960 crs	₹1.4927 crs	40.42%
Net Profit	₹-0.8599 crs	₹-0.9454 crs	9.04%
EPS	₹-1.33	₹-1.57	15.29%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 2.0960 crores during the period ended June 30, 2023 as compared to Rs.0.8929 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.-0.8599 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.-1.6728 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.-1.33 for the period ended June 30, 2023 as compared to Rs.-2.79 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 2.0960 crs	₹0.8929 crs	134.74%
Net Profit	₹-0.8599 crs	₹-1.6728 crs	48.60%
EPS	₹-1.33	₹-2.79	52.33%

Shares of SHRIRAM ASSET MANAGEMENT CO.LTD. was last trading in BSE at Rs. 142.10 as compared to the previous close of Rs. 142.00. The total number of shares traded during the day was 22584 in over 120 trades.

The stock hit an intraday high of Rs. 149.10 and intraday low of 140.00. The net turnover during the day was Rs. 3220945.00.